FMG 1.20% $21.41 fortescue ltd

shorters having a field day, page-2

  1. 756 Posts.
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    are u mad person? what are you taking?? the short term iron ore price is a blimp, the chinese who have lots of producers will not let this go on re a lot of their mines will go under, and as u know china rules the economic globe these days. the numbers that came out of fmg last week were superb, short term iron ore prices might be under a bit of pressure but the medium to long term concensus is back to 120 tonnes per tonne or more. what do analyst know there wrong 8 times out of 10 lately,if they had any brains and knew what they were talking about they wouldnt be discussing the iron ore price they would be dealing it to make some real money. read all you like fmg is a good quality company which is being shorted by some dodgy hedge fund which will come unstuck very soon. there is no such thing as bottom but were very close to it.
 
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Last
$21.41
Change
-0.260(1.20%)
Mkt cap ! $65.92B
Open High Low Value Volume
$21.52 $21.67 $21.30 $150.5M 7.000M

Buyers (Bids)

No. Vol. Price($)
1 93 $21.40
 

Sellers (Offers)

Price($) Vol. No.
$21.41 12657 3
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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